Apple Reportedly Spending $3.2 Billion for Acquiring Beats Electronics
Apple is willing to spend $3.2 billion to purchase Beats Electronics
Apple looks to be very enthusiastic about buying Beats Electronics, as the company is rumored to spend $3.2 Billion to make the deal.
According to Apple Balla, unknown sources have informed about the deal to The Financial Times, stating that Apple is willing to spend the huge amount of money to acquire Beats Electronics.
Beats Electronics is famous for developing headphones and speakers with an outstanding quality, along with the production of the streaming music service, known as the Beats Music. The company was founded by Dr. Dre and Jimmy Iovine in 2006.
The rumor can be true, as Apple is reportedly working hard to add an enhanced feature in the sound system of its different devices and headphones. Moreover, the deal will allow the company to fully control the Beats Music streaming music service, which might get included in the iTunes Radio.
Nonetheless, Apple hasn’t officially declared about the acquirement.
Miranda Lambert nominated for 9 CMA Awards this Year
Miranda Lambert showed her soft side for a 7 year old fan with cancer. She kept wiping her tears off when she sang “Over You” for a 7 year old cancer patient in Texas on Saturday. And she was also nominated for 9 CMA awards this year.
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